Philly has long been known as a “city of homeowners,” because more than half of houses here are owner-occupied. But if you’ve never purchased a home before, the process can seem intimidating — and expensive. Host Trenae Nuri speaks with Abraham Reyes Pardo, Vice President of the Office of Housing and Diversion Services at the Urban League of Philadelphia, and Mary Harper, Director of Housing at the Urban League of Philadelphia, an organization that does housing counseling and education for first-time buyers. They break down all the steps in the process, share tips for budgeting, and explain resources to get money to help you buy that first house.
Resources mentioned in this episode:
Urban League of Philadelphia First Time Homebuyer Webinars
Philly First Home Program
Keystone Forgivable in Ten Years Loan Program (K-FIT)
Revitalizing Neighborhoods and Increasing Homeownership program (RNIH)
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